Mortgage rates jump to highest level in almost a year

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Source: www.foxbusiness.com · Section: business-tech · Bias: Right · Published: Thu, 16 Jul 2026 16:56:09 GMT

The average rate on a 30-year fixed mortgage rose this week to 6.55%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 6.49%.